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u.s. economy picks up steam thanks to sp. ding by consumers and the government. >> susie: i'm susie gharib. we take you to a wells fargo event in chicago, where housing grants could turn renters into buyers. >> tom: then, from tax hikes to corporate earnings worries,o tonight's "market monitor" guest says investors are facing a cliff of concern. robert stovall of wood asset manament joins us. >> susie: that and more tonight on "n.b.r."!me >> tom: the u.s. economy actually sped up in the third quarter, surprising economists and maybe you too. thanks to a pick-up in spending by conumers, the federal government and the housing c sector, the gross domestic product grew at a 2% annual rate in july through september. that 2% pace was stronger than expected and much better than what the economy experienced in the second quarter. suzanne pratt takes a closer look at the data and what it suggests about the economy the final months of this year. >> reporter: an economy growing at a 2% annual rate is hardly anything to celebrate. sure it could've been worse. but, clearly at three-years post gr
at the economy and worry that it will not get better. mitt romney is saying we do not want four more years like we have just had. president obama is saying we do not want eight years like we had under george bush, and everybody agrees with both of them. but where do you go from here? >> the analysis of what governor romney and his campaign has to do is absolutely right. his campaign has to work on the ground game. likely scenarios -- are not saying probable, but possible is for mitt romney to win the popular vote and barack obama to win the electoral college. we had that once before 12 years ago. vice president gore got about half a million votes and governor bush. but people forget that john carey had 71,000 more votes -- if john carey had gotten 71,000 more votes in ohio, he would have won the popular vote and by 3 million puritan -- 3 million. >> simply because of ohio? >> because of ohio. i think it is a possibility that governor romney will get something like 271 and lose the part of the vote. a goes to the question of whether we should have an electoral college at all. for the obama folks
of wood asset management joins us. >> susie: that and more tonight on "n.b.r."! >> tom: the u.s. economy actually sped up in the third quarter, surprising economists and maybe you too. thanks to a pick-up in spending by consumers, the federal government and the housing sector, the gross domestic product grew at a 2% annual rate in july through september. that 2% pace was stronger than expected and much better than what the economy experienced in the second quarter. suzanne pratt takes a closer look at the data and what it suggests about the economy in the final months of this year. >> reporter: an economy growing at a 2% annual rate is hardly anything to celebrate. sure it could've been worse. but, clearly at three-years post great recession, it should be a lot better. experts call it a side-ways economy, one that is unable to create enough jobs to bring down the nation's stubborn unemployment rate. but, people on the streets of new york have different takes on what a 2% economy means to them: >> it means first of all that anyone trying to look for employment is going have a tough time b
vote for romney. 47% for obama. the pollsters asked who would better manage the economy. 52% said romney. 43% said obama. the election is decided by the number of electoral votes allotted to each state. there are 538 votes in the electoral college. abc news estimates obama is likely to win 217 of them, romney, 191. >>> syrian military commanders say they'll abide by a cease-fire during a muslim holiday over the weekend, but government and opposition forces have shown little sign of letting up in their fighting. >> united nations and arab league envoy organized the tuesday for the festival. government and opposition forces agree to lay down their arms from friday through monday. they agree to lay down arms from friday through monday, but arm commanders say they reserve the right to retaliate against rebel attacks. the head of the opposition forces military council says he's skeptical that government forces will stick to their word. >> the two sides kept up the fighting. several place as head of the truce. government forces are said to have reinforcements. neither side respected a c
days left to vet two choices for president. 11 days left before we decide who will oversee the economy and security and well-being for the next four years by a wide margin. the most important issue to every group polled says the economy and jobs is the number one issue to americans. that in mind, let's take a look at the two candidate, what they're doing today. governor romney has been delivering a major economic address to voters in iowa. >> this is not the time to double down on trickle-down government policies that have failed us. it's time for new bold changes that measure up to the moment. that can bring america's family to certainty, that the future will be better than the past. >> eric: president obama on the other hand, has a different agenda. today he is hanging out with mtv. look, it doesn't matter what you think of romney. what matters is this. do you really want four more years of obamanomics? check out the latest poll from abc/"washington post." when asked who do you trust more to hand the economy? romney 45 #%. president obama 43%. nine-point difference is huge. we have 1
those unemployed and underemployed fell ever so slightly, but holding at 14.6%, the economy is not creating enough new jobs to brighten the employment picture. three years after the recession ended we should be creating at least 250,000 new jobs a month. we are not. the economy remains weak, despite record government spending and an extra 5 1/2 trillion dollars worth of debt. aust austan goolsbee will be joining us, he helped to write the policies,'s no longer with the administration, he hasn't been here for a while, but returning today. here is how it went last time around. >> stuart, my job is not to do spin just bb to be the policy guy. i think this job reports highlights what strengths we've start today develop and highlight the head winds we're facing and need to do more. on the positive side, this is the 9th straight month of private sector job creation. stuart: okay, now, that was two yearsing. will he say the same thing this time around. find out in four minutes and we'll talk with glenn hubbard, mentioned as a possible treasury secretary in a romney administration.
about longer delays, and return to normal production and slightly bigger hit on the economy. s this's certainly true. >> tom: what about the impact on the job market. we were supposed to have the october jobs numbers this friday. still expected to come out. not going to be impacted because of this storm but what about november's numbers? >> that's a great question. sometime these major events, those storms are right in the mile of the reference period during which bls measures employment. but sandy is occurring almost directly between october's reference month and november's reference month, actually-- impact of this on the official government numbers for employment. >> tom: just 20 seconds left but damage to confidence at all, consumer confidence? >> no, i think not. people are resilient. they will see through this. they'll get back to the business of rebuilding which of course is a plus for gdp and back to that activity very quickly. >> we hope it happens faster than not. joeling prkenith us, a lookt the economy, macroeconomic advisors. it may seem a bit premature to talk about th
headway on the economy. back in july, obama had a 16-point lead on that measure. today, it's tied. did you wait too long? >> absolutely not. i mean, you know, it's interesting that you're pointing out your national tracker poll but in the virginia poll that you just cited we are beating romney in terms of who do you trust to get the economy going? in terms of the president's plans, we're happy to talk about them. we ran a two-minute ad on it. we have been campaigning across the country on this plan. you know, whether it's putting the best trained workers all over this country. bringing jobs back to this country. rather than sending them overseas or doing some nation-building at home. we're ending two wars. these are big plans and the president laid them out at the convention and it's a second term of an obama presidency will mean. it stands in sharp contrast to romney romney's. we can look at these polls a million different ways. they all say something different. at the end of the day, we're focused on getting the president across the country. meeting as many voters as possible. and invest
looking for full-time jobs. under an employment a 40% of the economy. -- underemployment making up 40% of the economy. many people on food stamps. that is the failure, but americans are not quitters. we can turn the ship around and we will turn this ship around. we will put america on a new path to a new day with the new .resident, mitt romney [cheers and applause] you know, you have had a new energy since the first debate. you know why? for the first time, the people of this country were able to see the real mitt romney instead of instead of what the chicago henchmen were portraying him in six months of advertising. you saw a person standing there with the president of the united states who is practical who is compassionate, who is humble, who is trustworthy and you saw a president with all the air go out of him. he's not the obama that everybody thought he was. now, president obama once said in a previous campaign, and let me quote here exactly, if you don't have a record to run on, then you make big elections about small things. so is there any wonder why you're hearing from the ot
to start the day. i mean, one of the great entrepreneurs of the american economy, steve case, who not only has such incredible impact with aol, but now with revolution is funding and helping to develop a whole range of companies in a variety of industries. meanwhile, living in the washington area has gotten incredibly involved in trying to help the u.s. government think more intelligently about competitiveness and entrepreneurship in particular. then josh linkner, a local star here who runs detroit venture partners as i'm sure many of you know, if you're from detroit, you certainly know that, a supporter of this event which we're very grateful for, and i think symbolic of the incredible new energy that's developing in detroit. and i should also say that josh created a company calls eprize in 1999 here in detroit. it's been operating all this time. two weeks ago it sold for a nice exit. [applause] so here's the story of a local company that came from here, went all the way and, you know, he's done real well with that. meanwhile, he's invested in a ton of other companies. so i just want to s
in the economy, which is this big, darker issue that the country is facing right now. it's worrying people a lot. and so, the idea that he can talk about things like the binders comment, which is really just a play off a comment that mitt romney made during the presidential debate, where he talks about his desire to hire a lot of women. and it's not helping him. i think that's reflected in the poll numbers because you're seeing right now romney is tied, or seems to have a kind of momentum moving into the time week. that's just what pollsters are saying. i think democrats feel that this will help particularly with women voters, because they make up the majority, and if they can kind of put forward this argument that mitt romney wants to take away somethings that are very important to them, then they can get the edge amongst that party leck rate. which in a very close election can be really critical. host: thank you both for being with us on this news maker for this sunday. >> watch our newsmakers with rande paul again today at 6:00 p.m. eastern on c-span. now watch our coverage of the presidentia
. half of the budget is reform of the tax code to get the economy flat in the tax rates, lower the rates or on the base deutsch a trillion dollars of credits and the major corporations might take advantage to get the economy going and get revenues back up, get people back to work and you have less need for these programs and if it was to save the country to do it in a responsible way. >> i will get to it in a moment i'm not putting your words in your mouth. i want to understand in the short term over the next year or two would you cut the liheap funding of? diamondstone: if i were in the senate today i would spend as much money as i could get without breaking the back of the budget to bring back to those who needed in vermont. it lets people have more of their money don't you think. the government isn't. they would go without it is an absurdity. >> moderator: ms. ericson? ericson: my grandfather was born in the him perform and it used to be legal and if we legalize it again we could pay for liheap. legalizing and taxing marijuana and hemp won't pay for everything but if it comes between
. >> thank you for that report from geneva. the u.s. economy is at the heart of the presidential election. in less than two hours, a key jobs figures will be released. 100,000 new jobs need to be created every month to keep up with the growing population. president obama and his rival mitt romney have a matter of days to swing voters their way. the mayor of new york knows who he will support. michael bloomberg says superstorm sandy has helped him make up his mind. rally inent obama's colorado in 2008, a young adoring crowd. >> are you fired up? [cheers] >> the placards or different, but the change is still on the agenda. it is just that change takes time, he says. >> you know where i stand and you know i'm willing to make tough decisions even when they are not politically convenient. [cheers and applause] >> the looked like he was enjoying himself, which was not always the case in this campaign. people wondered after he still had a fight in him, after his first debate. he also had good reason to smile. the unexpected backing of new york mayor michael bloomberg, out from managing the city'
the biggest headlines affecting the energy industry and their impact on the economy. first up, crude prices rose on their first day of trading since superstorm sandy renewed demand and helped drive prices up more than half a percent, settling at 86.24 a barrel. good news for nine major oil refineries on the east coast, assessments found they avoided serious damage. seven are working back towards normal operations. meanwhile short-term supply worries pushed up gasoline futures prices. they settled up more than 1% on the day. >>> president obama banging the drum on the rich paying their fair share on taxes. he has less than a week to sell the message. we're breaking down the facts. >>> plus, mayor michael bloomberg tells president obama, i think we don't need you to visit new york city, thanks very much. i think that makes it a lot of sense. one of the people on the show says it is a major slight and he is coming here to disagree with me. more coming up. ♪ . melissa: so it is the final stretch to six days till the election and the tax debate is getting even louder. the major battle cry from
economies. it took a long time for the -- it takes cities to drive the national economies. it took a long time for us remember that. we are joined by an adjunct professor at wayne state. most importantly, he works for city governments. gordon feller, michael littlejohn and you have heard from carla. it is very hard to moderate. all i want to do is tweet. i wanted to start with a question that really build off presentation. this can be a very broad conversation. we are talking about efficiency and how we manage congestion and lower energies. we are talking about the integration of data. we are talking about participation was social media, co-production of solution. david mentioned this. the united states is not quite at the vanguard of this. when i think it can just in, i think about singapore. he brought the copenhagen. i want to start with the ibm and cisco part of the world appeared word you see progress within cities? where is the u.s. -- part of the world. where do you see progress within cities? where in the u.s.? >> we can point to smarter transportation and public safety and health
economy. so thank you, erick. [applause] >> thank you. it's great to be here. h let me just quickly introduce our panelists. please have a seat. to my immediate left is grady burnett who's vice president of global marketing at facebook and lived in ann arbor for many years, so he's a local. mark hatch is the ceo of tech shop which has a recent facilita that opened up here not too far from the airport, we'll be talking about what we do there. danae ringelmann is the co-founder and coo of indiegogo, and david ten have is the ceo of ponoko which is a very interesting platform for manufacturing. what we're going to talk about today is the do-it-yourselfy, economy and how, how different h tools have become available to entrepreneurs beyond just whatav we've become accustomed to in the internet world. so the cost of producing a start-up, you know, has declined dramatically in the past decade, and we've seen this flowering of internet and mobile start-ups. but we're also starting to see many of those same tactics and techniques being used by start-ups in the other industries and particular
's needed to run their businesses, something we talked a lot about. the economy has seen more focus on the consumer rebound than on a business rebound. one wonders when and if business were to get in the game those numbers would even be better. >> that could all change in five days with the election next tuesday. long-term unemployed, 14,600. marginal relief on that front. in terms of the long-term unemployment out of work for a year or more 3.57 million. a year ago 4.boy 1 million. so even those people who have been out of work for a very long time starting to get some nibbles. at least that's what it appears. more reaction to the numbers from dean mackey joining us from barclay's. good morning to you. >> good morning. >> any hair on the numbers, so to speak, as far as you can tell? >> i think this was a followed report when you look at the broad categories of job growth, when you look at the participation rate rise. the only underlying softness was in ourly earnings, but that really doesn't change the sfoer of where we've been. boug bottom line, the labor market has picked up some
of the entrepreneurs in this room who are the talent pool for the next economy in detroit are thinking how do i get a job with the city. so -- >> no career advice. >> no, but i mean, seriously. the young talent pool, the 20-somethings and 30-somethings are not thinking about the public sector as a career path. so let's just be blunt and honest. the city is not going to be able to harness the talent that's there that will get the city to the next place. so invert the question. not how are we going to hire those people, but how are we going to bring them into the process sitting where they are in universities, in the private sector, in the ngos that are dynamic and interested in the city of the future, and the city has to invent the way to do that. collaborate, create communities of interest, harness that talent pool, um, and give them the resources where it's necessary if the resources are there. now, there's not a lot of city resource, but the city has the legitimization capacity to say you are now the agent of change. it used to be the department of x, and the department of x is now really incapab
struggling economy? fare thee well ♪ farewell ♪ mr. gloom be on your way ♪ ♪ though you haven't any money you can still be bright and sunny ♪ ♪ sing polly wolly doodle all the day ♪ ♪ hah >> continuing coverage of super storm sandy. entire towns along the new jersey coast buried in sand because of the beaches. today some are under water. board walks and marinas are ripped apart in this storm. robert moses joins us now live in point pleasant new jersey. good morning, robert. >> good morning to you. we are sitting in an intersection in pleasant point beach new jersey. there are no lights on. you can see the traffic lights here are still out. the thing that really captures your attention these huge amounts of sand. if we walk over here through the intersection again if you for give me on the other side there's another huge mound back here that is about double my height. huge front-end loaders deposited on the streets here and have pretty much pushed the sand to the side of the street. you can see how the sand has been left in the tracks along the streets here in point pleasant beach,
it on the economy. there maybe resents but he has not do it -- done it. lou: i am confused with the reasoning, led the national media dropping in the bail of pretense and simply supporting one man now through reelection use it just somehow governor romney would influence what they did or did not do? >> i am saying he could make it a big issue by commenting. he has not done that. there is one thing how you push the story and it is one thing for fox. lou: but now to a knowledge fox has been right. now we hear from abc will lease chronicles the efforts of others. "washington post" now chronicling the documents they found on a october 26 it is in benghazi at the consulate. where has the media ben? >> mitt romney could put this on a front-page. >> i heard you say that three times. i still don't believe it. >> this is not about governor romney but a corrupt actions from the media not to cover this pri is negligence and dereliction of duty not have a press conference or a time line specifically what happened. what did the president do that night, what orders did he give? lou: we have a gutless national l
believe that the tax cuts for the wealthy stimulate the economy? dold: i believe keeping tax rates low are going to be helpful. president obama said in 2010 said in a fragile economy, we should not be raising rates. that's when the economy was growing at 3.5%. the economy today is growing at 1 minute 5%. i asked my opponent how raising taxes was going to help more people get employed, how it was going to help these small businesses who are struggling to make ends meet. frankly, there was no response. >> moderator: do you believe tax cuts for the wealthy stimulate the economy? schneider: i stand with the president that we should keep tax rates for all earners under 250,000 where they are. but we have a fiscal imbalance. we need to address that. by raising the tax rates, going back to the tax rates of the 1990s where we had a growing economy, we were creating 23 million jobs. the congressional budget office looked at the plan to go back to 1990 rates on income over $250,000, they said it would reduce our net debt over ten years by almost a trillion dollars. that's a significant step in b
the east coast. in our cover story how sandy is shutting down everything including parts of the economy. but will the effects be lasting ones? sandy's frightful combination of late-season hurricane colliding with an artic storm led to mass evacuations in the northeast. "if you are in an evacuation zone and haven't left, get out now before you can't." atlantic city casinos-- silent. rockaway, new york--braced with bulldozed walls of sand. an expected storm surge during a full-moon, when tides are at their highest already could reach 11-feet. in midtown manhattan, high winds broke a construction crane atop a high- rise. "...of the 76 evacuation shelters located in public schools around the city, there are already more than 90-people here." at airports from washington to boston--a region of 50-million people, airlines canceled more than 13,700 flights through wednesday-- although some operations may resume tuesday afternoon. but for the first time since 18-88, the new york stock exchange will have been closed for two consecutive days due to weather, monday and tuesday. it intends to reopen
not quite as optimistic about where the economy is at and out of the market. and so, their own individual participation has been declining. and i don't know if that's necessarily telegraphed some problems down the road, but what do you think? >> well, i think we're living through a lot of uncertainty in the market, whether it's europe, whether it's the direction, the direction of the u.s. economy and the federal debt. and all of those things are certainly weighing on the retail investor's mind and definitely they're been moving to conservative position, as have been this, they've been protecting liquidity and building their positions and fairly risk averse, now, hopefully i'm cautiously optimistic on the u.s. economy that once they get through this election, regardless of who wins, our leaders in washington come together and develop a plan to deal with our fiscal challenges. >> well, springs eternal, we'll see, i was saying teddy, teddy weisberg, teddy was here the last time we had a two day disruption in 1888 and now, must be living history all over again. teddy. how do you think it's go
economy. >> 63% of cash flow is going to buy backs. what were the sectors where it was over 100%? >> energy us a one. and i think it was said earlier on that investment has been one of the missing ingredients here. >> we'll be right back with details from india. busy in here. yeah. progressive mobile is... [ "everybody have fun tonight" plays ] really catching on! people can do it all! get a quote, buy and manage your policy! -[ music stops ] -it's great! well, what's with the... -[ music resumes ] -music? ♪ have fun tonight dude. getting a car insurance quote. i'll let it go to voicemail. [ clears throat ] ♪ everybody wang chung tonight ♪ putting it on vibrate. [ cell phone vibrates ] -[ loud vibrating ] -it'll pass. [ vibrating continues ] our giant store and your little phone. that's progressive mobile. >>> s&p 500 would be implied to open by five, dow by almost 50 and nasdaq by 15. largely consistent with the kind of trading we've seen across europe and much of asia this morning. china gears up for a once in a tech and i had leadership change, dirty laundry is being ai
, you heard that it is likely going to hits our economy, hard, maybe shave upwards of a half% off our economic growth in the latest quarter, it will likely dampen christmas shaping enthusiasm, hit consumer confidence, and likely shopping in general. so much we don't know. this much we do -- just getting back to anything approaching work in big apple, will be tough. very tough. and it all begins with wall street's hope of getting back to business tomorrow morning. jamie colby, down by by battery tunnel that will be the point of entry to many who want to return but will not be able to use that point, jamie? >> reporter: without a duty, i know one person would be happen markets are open tomorrow, this is charlie gasparino, i saw you and see discuss it earlier about the fact it had to close. but it is not only thing that closed. let me show you how sporadic thing are. ritz-carlton, no lights, next door, an apartment building, full of electricity. i walked streets of lower manhattan today trying to find a single business that was cleaning up. but without power, so many had to day home, add
have gone to college has apologized to me over and over again just for what a mess the economy has become, and he takes it very personally, and he says i'm sorry that you have such a mess to clean up. >> my opinion is the older folks beyond us they didn't do their job. they didn't manage the economy. they didn't manage things. they just spent, spent, spent. they didn't plan for us, and now we have to clean up the mess that they made, and i really believe that in the next ten, 15 years there's going to be a bunch of younger folks running for office to clean up the mess that was made. >> i think that you also see the older generation -- i think they all want reagan back, right? everyone invokes reagan as the idealistic. one way or the other, we -- i had never lived under reagan's presidency, so i can't speak to that, but our generation sees other social issues that we want addressed or gay marriage and gay rights or -- >> you're in favor of -- are you? >> i am. >> you're a republican? >> yeah. >> which is a very interesting to try and reckoncile and plain to my gay friends. >> i thin
said heed fix the economy and it remains broken. and he said heed address the energy crisis in america yet he wouldn't approve the keystone pipeline. knows why in michigan we what we need to do next tuesday. four years ago we trailed in michigan by 17%. 8 years ago by 5%. [applause] real clear politics has the average of all polls at less than 4% which is within the margin of area. which means all of the thousands of phone calls and door knocks all of you have made will make this a dead heat and put the victory in our court on election day. [applause] you know that one day on a saturday 250,000 likely voters were contacted, more than any state in america right here in michigan. [applause] so i say to you, do not rest, do not think for a moment we're ahead. we got to protect our country by putting mitt romney in the white house. [applause] we got to protect our country by making pete the next united states senator for michigan. we got to make sure that we keep our state house republican like john walsh in the white house. [applause] but most of all, our supreme court -- say it with me,
frenzied weekend with obama and romney sparring on the such over the economy. well, supporters are working on getting out tuesday's vote. john harwood has been watching all of it. good evening, john. >> reporter: larry, as they crisscross the battleground states the presidential candidates got one last fresh piece of economic data before tuesday's election. that was the october jobs report. it was better than expected which allowed president obama to deliver a message of how far we've come. >> in 2008 we were in the middle of two wars and the worst economic crisis since the great depression. and today our businesses have created nearly 5.5 million new jobs and this morning we learned companies hired more workers in october than at any time in the last eight months. >> reporter: as you'd expect, larry, mitt romney stressed the opposite case which is unemployment today remains higher than it was when president obama took office. >> he said he was going to lower the unemployment rate. down to 5.2% right now. today we learned that it's actually 7.9%. and that's 9 million jobs short of what he
to the economy. that makes it the second most expensive storm in history after hurricane katrina. >> nearly half of new york city's deaths happened on staten island. secretary of state janet napolitano will be there today. anna werner is there. >> reporter: good morning. homes are destroyed. the storm threw cars like toys. that's what it looks like all down this street yet many residents say they believe they've been ignored. some residents of staten island have started calling it the forgotten borough. across storm-ravaged staten island, frustrations are mounting. >> we could have died! we couldn't breathe! we've got 90-year-old people. >> reporter: residents are outraged, claiming their community has been ignored in the days following sandy while aid pours into other parts of new york and new jersey. >> a lot of people are here. a lot of people are hurting. so, it's upsetting. >> reporter: power is out. hundreds of homes have been destroyed and dozens of streets are impassable. still, the city is planning to go ahead with its annual marathon, which kicks off on staten island's verrazano bridge
:30 eastern time. and we'll be slicing and dicing the jobs report and the economy with our guest host, mark zandi. also at 8:00, the former chairman of the council of economic advisers austan goolsbee will join us for the report. and then we'll get reaction from the romney campaign with ron hubbard. that's at 8:40 eastern time. obviously a lot on our plates today. andrew, i'll send it over to you. >> the coast guard opening the port of new york new jersey on a restricted basis today allowing the backlog of barges containing gasoline and fuel into the area for the first time. how soon, however, will we see relief in the area impacted by sandy? that's the big question this morning. joe knows this very well, on my way in today, i had to take a taxicab for $125 because jeeves was this line to get gas, he was out of gas. >> i tried to take a car, my guy who i call -- he is not, but he nights as well be a former -- he has never failed. on on tuesday he came. and there have been snowstorms in the past where we've gone off the road, around, jack moved tractor trailers to get here's couldn't get gas
of the country have. the economy is less worse than in other places because the farm economy is darned good this year. commodity prices are up. land prices are up, and that has helped drive the economy in the right direction. there is not a lot of uncertainty in iowa. host: what are the top issues? guest: it depends on what group you are talking to. on the republican side, and talking about social issues. that is increasingly driving republican policies in the state. they care a lot about social issues, those kinds of personal issues that drive voters, and that drives the republican electorate. the democratic side, the things that drive them are there is a desire to retain a democratic presence. it's more of a pragmatic issue on the democratic side. host: how many electoral votes this i'll have. guest: 6 and it went democratic. host: give us demographics of the voters. hoop are we talking about? first, let's look at eastern iowa, davenport and the surrounding area, a couple hundred thousand people, it is a swing county. democratic. it will depend on turnout. if you go to the northwest corne
in the unemployment rate is a sad reminder that the economy is at a virtual standstill. >> i don't think so. the last month, the unemployment rate came down three ticks. and the romney campaign complained that we hadn't created more jobs. this month, the number of jobs created was 30%, 40% higher than expected and was fairly strong. and then they criticize that the unemployment rate ticked up one tenth. it's the last number before the election, so i think both sides are going to see, try to go through and interpret what it means. i think overall, most economists view it as a fairly solid report. and until we get the growth rate of the economy up faster than 2%, 2.5%, this is probably about what we should expect from a solid report. >> how does one explain the kind of inconsistency? 7.9%. that's up, with unemployment. then you talk about adding 171,000 jobs in october. >> yeah, a great question. a lot of people misunderstood how the jobs work. there's two surveys. the jobs come from a survey of businesses. the unemployt rate comes from a survey of people. each month, there's a lot of variability in bo
report. it's the final one before the presidential election. where the economy is the dominant issue. good afternoon. i'm steve sanders. and i'm dina bair. we welcome our viewers who are watching us around the country on w-g-n america and on the web. the labor department announced this morning. a big plus, but also a major minus, in the latest unemployment report released this morning. at the positive end: 171-thousand people landed jobs last month. but, the down side: the unemployment rate rose to 7- point-9 percent. the increase is a sign more and more people are trying to find work. pointed out unemployment is higher now than when president obama took office. he argued that he has a plan to make real changes to fix the job market. early voting ends tomorrow. in chicago. there is one early voting site per ward, plus the chicago election boardice she pleaded with a man for help, but claims he refused. a reporter tracked down that man, who will only go by the name "alan." he shared his side of the story. two year old brendan and four year old connor were found a few blocks away
america that has a 21st century economy running on a 21st century foundation. >> schieffer: what happened to the women's vote? the prfs the way ahead. that seems to be closing. are you going to be able to get that back? >> i'm here in ohio. i just checked the early vote. the president is up almost two to one over mitt romney. and that's an indication that the field operation, the communication strategy, and the message of a resurgence of strengthening middle class is essential. and also the choice that women have to face on a host of issues from economic to health care issues that i think the president's message is right for them. if you look at the early votes in iowa, ohio, florida, the president's campaign is actually-- an investment that he made in the "get out of vote" effort identifying their voters is starting to pay off because they're beating all their numbers from '08. >> schieffer: we have to stop you there. the clock ran out. back with personal thoughts nay second. >> thanks, bob. born with. something you'r and inspires the things you choose to do. you do what you do... becaus
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